I'm helping my son with his taxes. He refinanced his loan on his house in 2024. He paid over $10,000 in points on the new loan. The 1098 he received does not show any points. He did get the loan for more than the original balance on the previous mortgage to renovate his kitchen. He did include a little more to pay off his truck to free up cash for the renovation. I have the details on his closing statement. How do I enter this in Turbo Tax? It's only allowing me to enter what was on the 1098 even though it states that some points are deductible from the closing statement. I would appreciate any help with figuring this out. Many thanks!
